Is Salisbury Mills, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Salisbury Mills is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Salisbury Mills was a Seller's Market.

Key Takeaway

Salisbury Mills is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Salisbury Mills, NY

How much do homes in Salisbury Mills, NY cost?

Median Sold Price

$457,500

$252/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$7,500(+1.7%)

Key Takeaway

Homes in Salisbury Mills have sold for 1.7% more than they did a year ago.

Summary: The median home sold price in Salisbury Mills was $457,500 in March 2024, up 1.7% from last year, and the median price per square foot was $252.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $250K$267K
+6.8%
3 $397.5K$430K
+8.2%
4 $565K$555K
-1.8%
5+ $570K-
N/A

Summary: Salisbury Mills housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.8%, 3 bedroom homes increased by 8.2%, 4 bedroom homes decreased by 1.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Cornwall
+5.6%
Washingtonville
+5.4%
Salisbury Mills
+1.7%
New Windsor
+1.4%

Housing Supply in Salisbury Mills, NY

How many homes are available in Salisbury Mills, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
68+33.3%

Summary: The Salisbury Mills real estate market had 8 homes for sale in March 2024, a 33.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 11
0.0%
4 34
+33.3%
5+ 22
0.0%

Summary: The Salisbury Mills housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Salisbury Mills, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Salisbury Mills in March 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Salisbury Mills, NY

How long does it take to sell a home in Salisbury Mills, NY?

Average Sale Time

Mar 2023Mar 2024CHANGE
41 Days51 Days+22.9%

Summary: Homes in Salisbury Mills had an average of 51 days on market in Mar 2024, up by 22.9% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Salisbury Mills has remained consistent over time.

Summary: During March 2024, 1 homes were sold in Salisbury Mills; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Salisbury Mills, NY

Nearby Markets to Salisbury Mills, NY

What housing markets are near Salisbury Mills, NY?